The Startup Ecosystem of Hangzhou
Hangzhou has 416 startups in our sample database. This represents about 8% of China’s startups. Hangzhou is the 4th best startup ecosystem in China.
CITY RANKING
While Hangzhou decreased by 5 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in China remained stable at 4 nationally since 2022.
National Ranking
In China
Regional Ranking
In East Asia
Global Ranking
Worldwide
Startups
Hangzhou Top Startup Industries
21 startups
19 startups
35 startups
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Ecosystem HealthCheck
Hangzhou Ecosystem Health Check
The health check tables allow you to look at the performance Hangzhou has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
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Ecosystem
The Startup Ecosystem in Hangzhou
Global Rank
Hangzhou is ranked within the top 40 startup ecosystems globally.
Top Industries
Hangzhou’s startups excel particularly in Transportation where it ranks 14 and in Marketing & Sales, and Social & Leisure. Find out more
Top Cities for Startups in China - Ranked by StartupBlink
| 2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
|---|---|---|---|---|---|---|
1st 0 | 6th 0 | 99.019 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 7th 0 | 67.567 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 16th + 2 | 35.292 | 00.00 | 00.00 | 00.00 | |
4th 0 | 35th - 5 | 21.057 | 00.00 | 00.00 | 00.00 | |
5th 0 | 36th 0 | 20.184 | 00.00 | 00.00 | 00.00 | |
6th 0 | 45th + 6 | 14.297 | 00.00 | 00.00 | 00.00 | |
7th + 3 | 69th + 88 | 8.986 | 00.00 | 00.00 | 00.00 | |
8th - 1 | 97th - 19 | 7.257 | 00.00 | 00.00 | 00.00 | |
9th 0 | 123rd + 4 | 5.702 | 00.00 | 00.00 | 00.00 | |
10th - 2 | 125th - 11 | 5.629 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Hangzhou
Startups
Successful Transportation startups in Hangzhou
ECOSYSTEM
Why should you join Hangzhou's Startup Ecosystem?
Overview
Within Hangzhou there is an increased attraction for entrepreneurs to set up their startups in industries such as Transportation, Marketing & Sales, Social & Leisure. These three industries represent about 18% of the startups represented on the Startup Ecosystem Map of Hangzhou.
4th
National Rank
6th
Regional Rank
Overview
Hangzhou is China's 4th best startup ecosystem and is ranked 6th in East Asia. With a population of 2M - 10M people, Hangzhou is ranked 35th in the world. The city has some notable startup success stories including LianLian Pay and its startup ecosystem infrastructure is strengthened by organizations such as Ant Financial and Regus - Hangzhou, China Resources.
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